	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,480	£6,577	£6,676	£6,843	£7,014	£33,590
Total Expenses	£8,600	£8,660	£8,711	£8,769	£8,829	£43,570
Profit Before Tax	£-2,120	£-2,083	£-2,035	£-1,927	£-1,815	£-9,981
Profit After Tax	£-2,120	£-2,083	£-2,035	£-1,927	£-1,815	£-9,981
Change In Property Value	£2,775	£6,572	£8,746	£10,155	£7,464	£35,711
Net Return	£655	£4,489	£6,711	£8,228	£5,648	£25,731
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-18%
Total Net Return (%)	1%	8%	12%	15%	10%	46%